Morgan Advanced Materials plc

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020

In its 2023 reporting, Morgan Advanced Materials plc disclosed greenhouse gas emissions of 157.6K tCO2e. By scope: Scope 1: 110.6K tCO2e; Scope 2: 47.0K tCO2e; Scope 3: 809.4K tCO2e (estimated). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
157.6K tCO2e
2023
⚡
Renewable Energy
72%
of total energy
💧
Water Usage
1.72 million m3
2023
♻️
Waste
36.9K tons
2023
⚙️
Energy Use
969.9 GWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).110.6K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.47.0K tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).809.4K tCO2e (estimated)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023157.6K tCO2e
2022211.1K tCO2e/year
2021229.9K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption by 30% by 2030
  • Reduce water use in high-stress areas by 30% by 2030
  • Achieve 80% carbon-free energy by 2025
  • Develop a scope 3 emissions strategy and targets

📅 Medium-term

  • Reduce absolute scope 1 and 2 GHG emissions by 50% by 2030 (from 2015 baseline)
  • Reduce absolute scope 3 GHG emissions by 15% by 2030 (from 2019 baseline)
  • Achieve 100% carbon-free energy by 2030
  • 40% female representation in leadership by 2030
  • Top quartile employee engagement score by 2030

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

Climate ChangeWater SustainabilitySafetyDiversity & InclusionEmployee Engagement

⚠️ Challenges & Risks +

  • Cyber security incident in January 2023
  • Supply chain disruptions
  • Inflation on input costs
  • Challenges in labor supply
  • Reliance on natural gas
  • Water stress in some operating areas
  • Heat stress at manufacturing facilities
  • Sea level rise in low-lying locations

📋 Report Information

Reporting Period: 2023
Frameworks: TCFD
Assurance: ERM CVS (limited assurance)